Brazil's Lula scare is overdone in my opinion.
I own quite large position ( 90 % of my portfolio).
PBR's book value is as of now is 56.38, currently trades at 14.49 usd( +36.6% YTD).
I like it because it is not affected by dumb green energy politics like in Europe etc.
It also offers generous dividend, even after reducing it. In last earnings call they said that special dividends are possible.
What you personally think about Petrobras?
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